Yonghui Superstores is a China-based company, principally engaged in the operation of regular chain supermarkets.
Yonghui, founded in April, 2001 and headquartered in Fuzhou, is a fresh food retail chain company. The founder is Zhang Xuansong. Listed on the SSE on December 15, 2010, the company's major shareholders are Dairy Farm Group, Zhang Xuansong and Zhang Xuanning. Rivals that have direct and indirect competition with Yonghui include Yonghui, Sunart Retail, Grocery Outlet Holding, Wal-Mart, etc.
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Resulting from its Nasdaq IPO in June and follow-on offering in December, the JD.com-affiliated O2O company found itself with sufficient cash on hand to keep expanding in the ample Chinese market.
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